We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Evergy (EVRG) to Report Q4 Earnings: What's in the Cards?
Read MoreHide Full Article
Evergy, Inc. (EVRG - Free Report) is expected to release fourth-quarter 2019 results soon. In the last reported quarter, the company came up with a negative earnings surprise of 1.3%.
Let’s see how things have shaped up before the upcoming earnings announcement.
Factors to Consider
Evergy’s merger savings, cost-management initiatives and share repurchases are likely to have positively impacted fourth-quarter earnings. The company is also expected to have gained from new retail rates.
The Zacks Consensus Estimate for fourth-quarter revenues and earnings per share is pegged at $1.34 billion and 32 cents, indicating 12.09% and 300% growth, respectively, from the year-ago reported figures.
What Our Quantitative Model Indicates
Our proven model does not conclusively predict an earnings beat for Evergy this time around. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass estimates. That is not the case here as you will see below.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Evergy currently sports a Zacks Rank #1.
Stocks to Consider
Here are some players from the sector that are worth considering, as these have the right combination of elements to deliver an earnings beat in the upcoming releases.
California Resources Corporation (CRC - Free Report) is set to release fourth-quarter results on Feb 26. It has an Earnings ESP of +0.51% and a Zacks Rank of 2
First Solar Inc. (FSLR - Free Report) is set to release fourth-quarter results on Feb 20. It has an Earnings ESP of +0.25% and a Zacks Rank of 3.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
Image: Bigstock
Evergy (EVRG) to Report Q4 Earnings: What's in the Cards?
Evergy, Inc. (EVRG - Free Report) is expected to release fourth-quarter 2019 results soon. In the last reported quarter, the company came up with a negative earnings surprise of 1.3%.
Let’s see how things have shaped up before the upcoming earnings announcement.
Factors to Consider
Evergy’s merger savings, cost-management initiatives and share repurchases are likely to have positively impacted fourth-quarter earnings. The company is also expected to have gained from new retail rates.
The Zacks Consensus Estimate for fourth-quarter revenues and earnings per share is pegged at $1.34 billion and 32 cents, indicating 12.09% and 300% growth, respectively, from the year-ago reported figures.
What Our Quantitative Model Indicates
Our proven model does not conclusively predict an earnings beat for Evergy this time around. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass estimates. That is not the case here as you will see below.
Evergy Inc. Price and EPS Surprise
Evergy Inc. price-eps-surprise | Evergy Inc. Quote
Earnings ESP: Evergy’s Earnings ESP is 0.00%.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Evergy currently sports a Zacks Rank #1.
Stocks to Consider
Here are some players from the sector that are worth considering, as these have the right combination of elements to deliver an earnings beat in the upcoming releases.
Berry Petroleum Corporation (BRY - Free Report) is set to release fourth-quarter results on Feb 26. It has an Earnings ESP of +2.50% and a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
California Resources Corporation (CRC - Free Report) is set to release fourth-quarter results on Feb 26. It has an Earnings ESP of +0.51% and a Zacks Rank of 2
First Solar Inc. (FSLR - Free Report) is set to release fourth-quarter results on Feb 20. It has an Earnings ESP of +0.25% and a Zacks Rank of 3.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>